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Half of consumers think cash will be obsolete in 20 years - survey

With Brits increasingly turning to cards, cash could be obsolete by 2030, according to 52% of users of discount Web site MyVoucherCodes.



The survey of 1938 people shows 71% prefer to pay for items in store using a card rather than cash, with just 14% choosing notes and coins as their ideal method.  Over a third of respondents say they 'rarely' carry cash around with them. Nearly half feel safer without cash on them and 82% agree it is 'easier' just to carry a card.  <<read more>>


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Posted by John B. Frank Friday, July 9, 2010

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